Need Help?

Need professional advice for your consent to let with Cynergy Bank? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Cynergy Bank Consent to Lease Example Support Desk Enquires

  • Just wondered if Cynergy Bank choose to operate a right to put a loading on my interest rate on a homeowner mortgage where the lender has granted Consent to Let at any time, onto ‘rates in line with their BTL loans'?

  • Finding myself in an impossible situation with a Consent to Let mortgage. Reacting to my requisition for consent to let the lender has asked me to provide them with an executed AST before they will grant permission. If I get a signed tenancy agreement would I not be violating the terms of my existing mortgage?

  • I took out a new mortgage with Cynergy Bank recently, borrowing extra with the intention of doing a loft conversion. That plan has proved not to be possible and I now intend to purchase a second property as my primary residence and lease the existing property out with consent to let. Is that likely to land me in hot water?
  • I run a letting agency in Enfield. Where a landlord opts to lease out their house without consent to let from Cynergy Bank - have I failed in my duty of care? My guess is that the landlord isn't committing a crime, however, they would be breaking their contract with the Cynergy Bank, as Cynergy Bank invariably require to be informed of any change in circumstances. If I ignore the issue could I be storing up trouble?
  • My fiance and I have already been told to write a letter to Cynergy Bank to obtain consent to let, I'm just trying to find some guidelines on the letter? What I should or shouldn't include?
  • My partner is considering purchasing a new property in Tower Hamlets and is getting a good deal as it needs some work done. We want to rent our current property for two years and come back to live. Is there anything in the Terms and Conditions of my Cynergy Bank mortgage to say I can lease it out or do I need specific consent to let?
  • I have a FTB mortgage with Cynergy Bank which is only seven weeks in but I have been moved abroad with work. Is it possible to obtain consent to let from Cynergy Bank for a mortgage that has only recently started and I have just bought the property?
  • I am interested in consent to let for my home mortgaged with Cynergy Bank. How do I proceed? Do I have to contact Cynergy Bank and get them to agree?